Recently, the National Development and Reform Commission (NDRC) issued three consecutive statements to defend the credibility of the country's 7% GDP growth rate in the first half of the year, stressing that the Chinese economy will continue to operate within the proper range during the second half of year and Chinese economy remained on track to meet the government’s full-year growth target of around 7%.

Anbound’s scholars are of the view that the NDRC is trying to protect China’s macro economy, this, however, might not achieve the desired effect. Judging from the field research and the fraud in local economic data in general, it is possible that the actual economic growth in China could be far worse that suggested by the official data.